Callidus Capital Corporation announced significant additions to its senior management to strengthen the team, support further growth of its loan portfolio and to continue unlocking value from its portfolio of operating companies. Effective November 5, 2018, Patrick Dalton will join as Interim Chief Executive Officer. Mr. Dalton is an accomplished investment management executive with over 25 years of experience in private credit markets, including senior leadership positions at Fifth Street Asset Management, Gordon Brothers Finance Company, Apollo Investment Corporation and Goldman Sachs.

The company also announced that Jim Hall has re-joined the company as Senior Vice President, effective immediately. Previously, from 2014 to 2017 as Vice President at the company, Mr. Hall was the company's most successful underwriter and portfolio manager in terms of interest and fee profitability. These senior leadership appointments reflect part of the ongoing recruitment efforts to position the company for growth in addition to managing the medical leave of absence of the company's Chief Executive Officer, Newton Glassman.